Investing.com - U.S. non-farm private employment rose more-than-expected in December, posting the strongest gain in ten months, industry data showed on Thursday.
In a report, payroll processing firm ADP said non-farm private employment rose by a seasonally adjusted 215,000 in December, above expectations for an increase of 133,000.
The previous month’s figure was revised up to a gain of 148,000 from a previously reported increase of 118,000.
While not viewed as a reliable guide for the government jobs report due Friday, it does give guidance on private-sector hiring.
Following the release of the data, the U.S. dollar remained higher against the euro, with EUR/USD shedding 0.65% to trade at 1.3100.
Meanwhile, U.S. stock index futures held on to mild losses. The Dow Jones Industrial Average futures pointed to a drop of 0.1% at the open, S&P 500 futures indicated a loss of 0.15%, while the Nasdaq 100 futures signaled a 0.1% decline.
In a report, payroll processing firm ADP said non-farm private employment rose by a seasonally adjusted 215,000 in December, above expectations for an increase of 133,000.
The previous month’s figure was revised up to a gain of 148,000 from a previously reported increase of 118,000.
While not viewed as a reliable guide for the government jobs report due Friday, it does give guidance on private-sector hiring.
Following the release of the data, the U.S. dollar remained higher against the euro, with EUR/USD shedding 0.65% to trade at 1.3100.
Meanwhile, U.S. stock index futures held on to mild losses. The Dow Jones Industrial Average futures pointed to a drop of 0.1% at the open, S&P 500 futures indicated a loss of 0.15%, while the Nasdaq 100 futures signaled a 0.1% decline.